ARTHOS TECHNICS
ActiveSummary
ARTHOS TECHNICS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €157,438 and a net result of €188,847. Equity is growing by ~36.2% per year across the filed fiscal years. Its solvency ranks better than 17% of 11620 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▲+4
Solvency40▼-18
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.5 in 2023; short-term debt: 85.1% and cash: 38.1% of total assets), and 85.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 11620 sector peers (2024).
NBB · sector comparisonPosition among 11620 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
75 d late
2022
174 d late
2021
229 d late
2018
22 d late
2017
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 87 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€0
Total assets
€1.1m▲ 24.8%
2023 · €846,623
Net result
€188,847▲ 217%
2023 · €59,563
Working capital
€157,318▼ 44.5%
2023 · €283,471
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182021202220232024
Turnover€0
Operating result€390,124-€238,852-€168,484▼ 29.5%€100,002▼ 40.6%€357,629▲ 258%
Net result€365,945-€177,294above the sector's middle half-€119,584above the sector's middle half▼ 32.6%€59,563above the sector's middle half▼ 50.2%€188,847above the sector's middle half▲ 217%
Equity-€278,983-€104,443within the sector's middle half-€224,028above the sector's middle half▲ 114%€283,591above the sector's middle half▲ 26.6%€157,438within the sector's middle half▼ 44.5%
Total assets€380,447-€462,436above the sector's middle half-€502,580above the sector's middle half▲ 8.7%€846,623above the sector's middle half▲ 68.5%€1.1mabove the sector's middle half▲ 24.8%
Debt€659,430-€357,993-€278,552▼ 22.2%€563,033▲ 102%€899,210▲ 59.7%
Working capital-€348,144-€118,409above the sector's middle half-€222,185above the sector's middle half▲ 87.6%€283,471above the sector's middle half▲ 27.6%€157,318above the sector's middle half▼ 44.5%
Solvency-73.3%-22.6%below the sector's middle half-44.6%within the sector's middle half▲ 22.0pp33.5%within the sector's middle half▼ 11.1pp14.9%below the sector's middle half▼ 18.6pp
Current ratio0.32-1.35within the sector's middle half-1.80within the sector's middle half▲ 0.451.50within the sector's middle half▼ 0.291.17within the sector's middle half▼ 0.33
Return on assets (ROA)96.2%-38.3%above the sector's middle half-23.8%above the sector's middle half▼ 14.5pp7.0%within the sector's middle half▼ 16.8pp17.9%within the sector's middle half▲ 10.8pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 258% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.1m
Fixed assets
€120 =
Current assets
€1.1m ▲ 24.8%
Equity and liabilities €1.1m
Equity
€157,438 ▼ 44.5%
Debt
€899,210 ▲ 59.7%
Debt's share of the balance-sheet total rises from 66.5% to 85.1%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
5.71▲
2023 · 1.99
ROE
120.0%▲
2023 · 21.0%
Debt ≤ 1 year
€899,210▲
2023 · €563,033
Income taxes
€167,875▲
2023 · €40,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,605 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
2.0%
stopped otherwise
97%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,605 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2018 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €0 | - | - | - |
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | €1,200 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,069 | €792 | €1,288 | €1,723 | - | - |
| Other operating charges640/8 | - | - | - | - | €338 | - |
| Non-recurring operating charges66A | - | - | - | - | €75,705 | - |
| Gross operating margin9900 | €441,526 | €240,844 | €169,772 | €101,725 | €433,673 | ▲ 326% |
| Operating profit (loss)9901 | €390,124 | €238,852 | €168,484 | €100,002 | €357,629 | ▲ 258% |
| Recurring financial income75 | €288 | - | - | - | - | - |
| Financial charges65/66B | - | €1,558 | €899 | €439 | €907 | ▲ 107% |
| Recurring financial charges65 | €23,653 | €1,558 | €899 | €439 | €907 | ▲ 107% |
| Profit (loss) for the period before taxes9903 | €366,759 | €237,294 | €167,584 | €99,563 | €356,722 | ▲ 258% |
| Income taxes67/77 | €813 | €60,000 | €48,000 | €40,000 | €167,875 | ▲ 320% |
| Profit (loss) for the period9904 | €365,945 | €177,294 | €119,584 | €59,563 | €188,847 | ▲ 217% |
| Profit (loss) for the period to be appropriated9905 | €365,945 | €177,294 | €119,584 | €59,563 | €188,847 | ▲ 217% |
| Line | 2018 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €380,447 | €462,436 | €502,580 | €846,623 | €1.1m | ▲ 24.8% |
| Fixed assets21/28 | €215,411 | €912 | €1,843 | €120 | €120 | = |
| Intangible fixed assets21 | - | €0 | €0 | €0 | - | - |
| Tangible fixed assets22/27 | €215,291 | €792 | €1,723 | €0 | - | - |
| Plant, machinery and equipment23 | - | €0 | €0 | €0 | - | - |
| Furniture and vehicles24 | - | €792 | €1,723 | €0 | - | - |
| Financial fixed assets28 | €120 | €120 | €120 | €120 | €120 | = |
| Current assets29/58 | €165,036 | €461,524 | €500,738 | €846,503 | €1.1m | ▲ 24.8% |
| Stocks and contracts in progress3 | €55,277 | €39,448 | €0 | - | - | - |
| Stocks30/36 | - | €39,448 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €100,271 | €392,201 | €496,566 | €788,921 | €653,179 | ▼ 17.2% |
| Trade receivables40 | - | €208,413 | €297,968 | €553,834 | €564,732 | ▲ 2.0% |
| Other amounts receivable41 | - | €183,788 | €198,598 | €235,087 | €88,447 | ▼ 62.4% |
| Current investments50/53 | €310 | €310 | €310 | €310 | €310 | = |
| Cash at bank and in hand54/58 | €9,178 | €29,565 | €3,862 | €57,272 | €403,039 | ▲ 604% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €380,447 | €462,436 | €502,580 | €846,623 | €1.1m | ▲ 24.8% |
| Equity10/15 | -€278,983 | €104,443 | €224,028 | €283,591 | €157,438 | ▼ 44.5% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | €18,600 | - | - | - |
| Issued capital100 | - | €18,600 | €18,600 | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Legal reserve130 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€299,443 | €83,983 | €203,568 | €263,131 | €136,978 | ▼ 47.9% |
| Amounts payable17/49 | €659,430 | €357,993 | €278,552 | €563,033 | €899,210 | ▲ 59.7% |
| Amounts payable after more than one year17 | €146,250 | €14,877 | €0 | €0 | - | - |
| Financial debts170/4 | - | €14,877 | €0 | €0 | - | - |
| Amounts payable within one year42/48 | €513,180 | €343,116 | €278,552 | €563,033 | €899,210 | ▲ 59.7% |
| Current portion of amounts payable after more than one year42 | - | €0 | €0 | €0 | - | - |
| Trade debts44 | €203,227 | €89,206 | €123,042 | €474,022 | €630,820 | ▲ 33.1% |
| Suppliers440/4 | - | €89,206 | €123,042 | €474,022 | €630,820 | ▲ 33.1% |
| Advances received on contracts in progress46 | - | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €253,910 | €155,510 | €89,010 | €262,685 | ▲ 195% |
| Taxes450/3 | - | €253,910 | €155,510 | €89,010 | €262,685 | ▲ 195% |
| Other amounts payable47/48 | - | - | - | - | €5,705 | - |
| Line | 2018 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €365,945 | €177,294 | €119,584 | €59,563 | €188,847 | ▲ 217% |
| + Depreciation and write-downs630 | €9,069 | €792 | €1,288 | €1,723 | - | - |
| Operating cash flow (approximation) | €375,014 | €178,086 | €120,872 | €61,286 | €188,847 | ▲ 208% |
| Investment in fixed assets (approximation) | - | - | -€2,219 | €0 | €0 | - |
| Change in cash | - | - | -€25,703 | €53,411 | €345,767 | ▲ 547% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
14-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 75 days late
21-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 174 days late
2023
31-12
Financial
Weakest financial yearnet €59,563 ▼50.2%
Net result drops to €59,563, the lowest in the series; recovery starts the following year.
17-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 229 days late
2022
31-12
Financial
Equity above €200,000Eq €224,028 ▲114%
3 profitable years in a row build equity to €224,028.
2021
31-12
Financial
Liquidity quadruplescurrent ratio 1.35
Current ratio from 0.32 to 1.35; short-term debt falls from €513,180 to €343,116.
31-12
Financial
Equity above €100,000Eq €104,443
2 profitable years in a row build equity to €104,443.
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
04-11
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 96 days late
2014
11-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Esneux · 1 establishment unit since 2008
Ground area
447 m²
Building footprint
121 m²
Volume, LiDAR
966 m³
Parcel 62032F0821/00E000, Wallonia · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ARTHOS TECHNICS
since 20082.171.702.514
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62032F0821/00E000indicative | Wallonia | 447 m² | 1 · 121 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CD PROJECT
BE 0864.889.612
Profondeville · Eq €157,428
BLG Consult
BE 0651.962.734
Merksplas · Eq €157,405
Adamant Consultancy
BE 0798.678.895
Zonhoven · Eq €157,480
HMKE Services
BE 0786.815.993
Antwerpen · Eq €157,387
Nouvelle Consultance Sécurité Prévention
BE 0599.795.441
Mons · Eq €157,303
Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 5,221 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-04-2008
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
47552Retail sale of lighting equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0897550797
Registered
26-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.